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Technical Analysis: Next Support Level at 1.9 cents

  1. T.E.P.
    3,387 Posts.
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    16/08/19
    11:33
    Post #: 40014689
    Looks like there is no immediate end in sight to the downwards bearish trend playing out for DSE.

    However, the good news is that the next Fib support level looks solid at 1.9 cents. 1 cent would provide a market cap in line with 1.5x ARR, which is not uncommon for SaaS companies with flat or declining revenue.

    https://hotcopper.com.au/data/attachments/1688/1688291-0e620ccaa654a336e4ce6654fa6d844d.jpg
    DSE Price at posting: 2.7¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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